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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 16.3 $ 24.8
Accounts receivable and unbilled revenues, net of reserves of $198.3 and $220.1, respectively 1,505.7 1,202.8
Materials, supplies, and inventories 635.8 528.6
Prepayments 245.5 263.4
Other 253.4 63.4
Current assets 2,656.7 2,083.0
Long-term assets    
Property, Plant and Equipment, Net 26,982.4 25,707.4
Regulatory assets (December 31, 2021 includes $100.7 related to WEPCo Environmental Trust) 3,264.8 3,524.1
Equity investment in transmission affiliates 1,789.4 1,764.3
Goodwill 3,052.8 3,052.8
Pension and OPEB assets 881.3 600.9
Other 361.1 295.6
Long-term assets 36,331.8 34,945.1
Total assets 38,988.5 37,028.1
Current liabilities    
Short-term debt 1,897.0 1,776.9
Current portion of long-term debt (December 31, 2021 includes $8.8 related to WEPCo Environmental Trust) 169.4 785.8
Accounts payable 1,005.7 880.7
Other 680.9 704.7
Current liabilities 3,753.0 4,148.1
Long-term liabilities    
Long-term debt (December 31, 2021 includes $102.7 related to WEPCo Environmental Trust) 13,523.7 11,728.1
Deferred income taxes 4,308.5 4,059.8
Deferred revenue, net 389.2 412.2
Regulatory liabilities 3,946.0 3,928.1
Environmental remediation liabilities 532.6 532.9
Pension and OPEB obligations 219.0 327.0
Other 1,203.2 1,229.4
Long-term liabilities 24,122.2 22,217.5
Commitments and contingencies (Note 24)
Common shareholders' equity    
Common stock – $0.01 par value; 325,000,000 shares authorized; 315,434,531 shares outstanding 3.2 3.2
Additional paid in capital 4,138.1 4,143.7
Retained earnings 6,775.1 6,329.6
Accumulated other comprehensive loss (3.2) (6.8)
Common shareholders' equity 10,913.2 10,469.7
Preferred stock of subsidiary 30.4 30.4
Noncontrolling interests 169.7 162.4
Total liabilities and equity $ 38,988.5 $ 37,028.1